Paradise Inc.

• Public
• US

Dow Jones Description

During those years, there were a number of relatively small operations manufacturing candied fruit, primarily for sale to commercial bakers. The management of Paradise anticipated that there was a great potential for direct sales to homemakers through supermarkets. Until that time, candied fruit was available at some markets in bulk, to be scooped out and weighed like many other products. Over a period of several years, Paradise developed the now familiar transparent, reusable plastic containers found in almost every supermarket during the holiday season. In order to become more immediately responsive to its customers needs, the company invested in a facility to manufacture all of its packaging. This, combined with large inventories, enabled almost overnight filling and shipping of orders. During the same period, the company acquired, merged with, or was licensed by a number of competitors to become the leading marketer of glace' fruit products under labels that have been trusted and asked for by customers for generations. Several area food and horticulture companies asked Paradise to manufacture their own plastic packaging needs, and a new division, Paradise Plastics was created. Given the increasing diversification, the name of the company was again changed to Paradise, Inc. in 1993. Paradise remains an innovator in glace' fruit marketing, introducing in 2003 a new package design that incorporates recipes and a cash-redeemable coupon.

CEO & Chairman of The Board

Number of Employees 275

Contact Information

Peer Companies

• Hershey Co.
• Imperial Sugar Co.
• Tootsie Roll Industries Inc.
• Glisten Plc.
• Sherwood Brands Inc.
• All Companies